Why is Gabriel India falling/rising?

As of 08-Jul, Gabriel India Ltd's stock price is rising, currently at 991.35, reflecting an increase of 71.45 or 7.77%. The stock has recently hit a new 52-week and all-time high of Rs 1012.3, showcasing a significant intraday gain of 10.04%. Over the past week, the stock has outperformed the sector by 8.38% and has shown impressive returns, with a 1-month increase of 55.57% and a year-to-date rise of 108.27%. The company has consistently reported positive results for the last eight quarters, with net sales reaching a record high, and there has been an increase in institutional investor participation, which typically indicates confidence in the company’s fundamentals. However, there are concerns regarding long-term growth, as net sales have only grown at an annual rate of 14.27% over the last five years, and the stock is considered expensive relative to its peers.
In the broader market context, Gabriel India's short-term performance significantly outpaces the benchmark, with a 1-week return of 17.61% compared to a mere 0.02% for the Sensex. This stark contrast highlights the stock's strong momentum in a relatively stable market environment. Despite the positive short-term performance, the stock's high valuation and the slower growth rate in net sales could pose risks for future performance, particularly if investor sentiment shifts. The liquidity remains adequate for trading, but the recent decline in delivery volume suggests a potential decrease in retail investor participation, which could impact future price movements.